EURUSD, “Euro vs US Dollar”
EURUSD is consolidating around 1.1610. Possibly, the pair may expand the range towards 1.1635. After that, the instrument may resume trading to the downside with the short-term target at 1.1505.
GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is moving downwards. Today, the price may reach 1.2840 and then grow towards 1.2935. Later, the market may start another decline with the target at 1.2825.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is consolidating and forming the Divergent Triangle pattern. Possibly, today the pair may reach 0.9680 and then grow to break 0.9722. After that, the instrument may continue trading upwards with the target at 0.9777.
USDJPY, “US Dollar vs Japanese Yen”
USDJPY has completed the ascending impulse; right now, it is consolidating and forming the Pennant pattern. Possibly, the pair may break the pattern upwards and reach 111.25. Later, the market may continue falling inside the downtrend with the short-term target at 110.12.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is moving upwards. Possibly, the pair may be corrected towards 0.7255 and then start another decline with the short-term target at 0.7156. After that, the instrument may form a new ascending structure to return to 0.7255 and then resume falling towards 0.7135.
USDRUB, “US Dollar vs Russian Ruble”
USDRUB is consolidating around 67.67. Possibly, today the pair may fall towards the downside border of the Triangle pattern at 67.35. If later the instrument breaks this pattern to the downside, the price may continue falling inside the downtrend to reach 65.20; if to the upside – resume growing and form the Double Top pattern at 68.90. Later, the market may resume trading downwards with the target at 66.10.
XAUUSD, “Gold vs US Dollar”
Gold is consolidating. Possibly, the pair may fall to reach the short-term target at 1191.80 and then grow towards 1200.22. Later, the market may resume trading to the downside to reach 1186.22.
Brent is moving upwards; it has reached 78.05 and may continue growing towards 78.92. Later, the market may start another consolidation range. If later the instrument breaks this range to the downside, the price may be corrected towards 76.20; if to the upside – continue growing inside the uptrend with the target at 82.22.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.